Perplexity AI proposes to merge with TikTok

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
According to Reuters, the deal being negotiated by the White House would see ByteDance retaining a stake in the company — ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...
Rep. Mike Turner, R-Ohio, former chairman of the House Intelligence Committee, said on Sunday that TikTok remains a national ...
Under the proposal, ByteDance would sell TikTok US to the investors, which would give TikTok's existing investors equity in the company ...
Phones are going for thousands of dollars on online storefronts after Apple and Google took down ByteDance platforms.